Answer:10
Step-by-step explanation:
52/5
<span>The Federal Insurance Contributions Act (FICA) requires employers to withhold a certain percentage of an employee's income as tax. The categories are:
6.2% as social security tax
1.45% as Medicare tax
0.9% as Medicare surtax for employees earning more than $200,000
In this case, the percentage of tax applied will be 6.2 + 1.45 = 7.65%
The FICA tax will be 110,330 * 0.0765
FICA tax = $8,440.24</span>
Answer:
Step-by-step explanation:
The diagonals of a parallelogram bisect each other.
This implies that;
We group all terms on the right hand side to obtain;
Factor;
We discard the negative value.